Kathmandu, Mangsir 27. Nabil Bank Limited (NABIL), a leading commercial bank, has proposed a 12.50% cash dividend (including tax) for the fiscal year 2081/82.

The decision was made during the bank's 694th meeting of the Board of Directors held on Mangsir 19, 2082. The dividend is proposed on the bank's paid-up capital of Rs. 27.05 Arba.

This dividend proposal is subject to approval from the Nepal Rastra Bank, the country's central bank, and must subsequently be endorsed by the shareholders at the bank's upcoming Annual General Meeting (AGM). The distribution will proceed only after securing these necessary regulatory and corporate approvals.

In current trading, Nabil Bank's Last Traded Price (LTP) stands at Rs. 510.20 on the Nepal Stock Exchange (NEPSE).

The announcement reflects the bank's strong financial performance and its commitment to providing direct cash returns to its shareholders, pending the required approvals.